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Nacchio Conviction Gets Second Review

By

Dionne Searcey

Updated Sept. 22, 2008 12:01 a.m. ET

Attorneys for former Qwest Communications International Inc. Chief Executive Joseph Nacchio will argue to a federal appeals court this week that the reversal of his insider-trading conviction should stick, even as Colorado voters are contemplating tougher action against wayward executives.

In March, the 10th Circuit Court of Appeals in Denver reversed Mr. Nacchio's conviction on insider-trading charges for selling $52 million in Qwest...